Trading higher following earnings/guidance: SHLD +8.7%, BKE +7.3%, PLCE +6.2%, WMT +4.1%, SSI +4.3%, PERY +2.4%, SMRT +2.1%, ROST +1.9%, BONT +1.8%... Trading lower following earnings/guidance: AAP -13.5%, RRGB -10.2%, GME -6.8%, DLTR -4.2%, HOTT -3.9%, CHRM -1.8%, CATO -1.1%, PBH -0.8%... Near unchanged mark following earnings/guidance: CPWM, LTD.
Other notable mentions: JCP flat (Barron's reviews negative view on J.C. Penney), TIF flat (increases quarterly dividend 10% to $0.32 per share of Common Stock)... Leaders: MEG 43.4% (announces agreements with Berkshire Hathaway for purchase of newspapers and new financing), BYD 6.3% (Boyd Gaming to acquire Peninsula Gaming for $1.45 bln), HLF 1.5% (continued strength following Einhorn presentation, did not mention the name; upgraded to Buy at Caris & Company), Laggards: TAST -3% (announces offering of its senior secured second lien notes in the aggregate amount of ~ $140 mln), FL -0.5% (announces promotion of Richard Johnson to position of Chief Operating Officer).
Analyst related: Upgrades: CTRN 0.9% (upgraded to Neutral from Underweight at Piper Jaffray)... Downgrades: ANF -1.1% (downgraded to Market Perform from Outperform at Wells Fargo), CTAS -2.7% (downgraded to Hold from Buy at KeyBanc)... Misc: CROX -0.7% (initiated with a Neutral at SunTrust).






